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Search Results 0 to 30 of about 31 (some duplicates have been removed)
. they're expected to sleep .1%. quite a lot to get to. president obama is speaking to the business council in washington at 10:45 eastern as he pushes for a budget plan to avoid the fiscal cliff, that includes high tax rates for the wealthy. house republicans are meeting with small business owners today. lawmakers are divided on how much they should compromise with the white house. this is a day after the house speaker john boehner unveiled a budget proposal that included some revenue concession but he faced heavy criticism. mitch mcconnell wouldn't publicly endorse boehner's plan, while jim demint says it would destroy jobs. at the same time, the kkr co-chairman and ceo henry kravis says uncertainty is the main reason why investing isn't happening right now. he says many companies are rushing to close deals before the end of the year, concerns about whether the capital gains tax will rise. he says the fiscal cliff shouldn't be a big issue, and if businessmen got into the room they could solve the problem much faster than congress. >>> adding his tuppence, he says they'll have to g
obama's going to speak to the business round table today about the ongoing fiscal cliff talks. boeing ceo jim mcnearney says members want a balanced solution in debt issues, including meaningful and comprehensive tax and entitlement reforms. well, you're not going to get that. anyway -- sorry, jim. we're going to be watching facebook stock today. the company will join the nasdaq -- got to watch it. i'm trying to rise. trying. the nasdaq 100 -- >> sinking, sinking -- >> like a snake. replaces tech firm emphasis, which is moving the listing to the big board. and let's get a check on the markets which are indicated higher today up about 50 points. overseas, let's check out asia and europe. there's a -- .4%. >> had a big move. >> yeah. big move on the hang seng and green arrows everywhere. let's check out europe quickly. also fractional gains there, up about a third of a point each. >>> steny hoyer is striking a conciliatory tone saying both sides will need to bend to avoid the fiscal cliff. congressman hoyer joins us from washington with more this morning, and sir, it's great to see you.
claiming he's putting the future of the state in the hands of big business. well, president obama adding to the ever-expanding list of titles, the latest coming from the chairman of the white house triball nation's conference. listen. >> the president loves basketball. he has an indian name. he knows what it's like to be poor, and he has not forgotten where he came from, and his theme song is "hail to the chief." [laughter] i think he definitely qualifies as the first american indian president. lou: and so he is declared. you may remember the president has been called the first gay, female, jewish, and asian president; however, without question, the title of america's first black president belongs to bight. -- bill clinton. up next, the obama ultimatum. tax the rich, or he'll take the country over the cliff. vote on the facebook page, do you agree president obama's ultimatum on higher taxes are responsible for driving us over the cliff if that were to occur? we're talking with monica and angela, and lori. that's right, the a-team is next, and you don't want to miss them. lou: joining me
that the presidents are very busy and obviously president obama is very busy right now. a lot going on in his world but the presidents always make time to come light the tree. >> it's part of history. and it's point in time that brings our whole country together. it's a community event. and it's a worldwide event. it will be televised to all the armed forced around the world. it's a big community event. and it's our present. it's the president's present to america. >> i don't want to say fox 5 morning news has pull. but i think right now viewers are getting a sneak peak of the tree lit. see the kind of things you see. you are not going to get it anywhere else. thank you very much. myfoxdc.com is our web site. we have a link to the national park service foundation, the national park service and going to be streamed on that web site so you can watch the entire ceremony. and we'll have the lighting live as well. in our next hour, rehearsals start at 8. forget the lights, we're going to see what stars are going to be shining as they rehearse in just a few minutes. >> i love that part. thank you so much
president obama hurt their bottom line? will higher taxes be as bad for businesses as some say? all that and everything in between from three top leaders. >>> yikes for yelp users. one woman post as scathing review of a business. now the owner is suing her for $750,000. does he have a case? he is here to make it. even when they say it's not it is always about money. melissa: first let's take a look at the day's market headlines of the congress doesn't open its mouth and stocks go up. are we listening politicians? better than expected jobless claims data and rebound in tech stocks helped lead the market higher. the dow gained 39 points hitting a new one-month high. >>> at&t customers listen up. your service may start sucking less. akamai technologies reached a deal to provide at&t's mobile network. it is expected to speed up delivery of digital content to customer's phones. akamai shares soared 10% on the news. >>> zynga bumped up because it is betting big on real life gambling. it filed a gaming license application in nevada. >>> to our top story tonight. exxon hates your children.
. in speaking to business executives today, the president be willing to agree to highermr. obama is introduced by the c.e.o. of boeing. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. the export council that the outreach to us is again you inand we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team. and i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wall flowers in here and eager for a two-way exchange nonetheless and hopefully your takeaway will be we can serve a useful purpose in the dialogue. mr. president, thank you again for joining us today. we would love to hear from you. \[applause] >> good morning everybody. it is great to see all of you. many of you had a chance to see individually or in small groups over the last several months but good to be back
that there won't be any deal. president obama with the business roundtable. >> any formula that says we can't increase tax rates probably only yields about $300 to $400 billion realistically. that's well short of the amount of revenue that's needed for a balanced package. >> bill: just won't cut it. the president said. he also appeared yesterday morning on tom joyner's radio show. and said if you want a deal, if you want a compromise, there's only one way to get there and that's the one thing missing if republicans will agree that tax rates will not -- will not -- the tax cuts will not continue for the top 2%. he said we've got a deal. >> obama: i think once republicans agree to let the tax rates go up on the top 2%, like i talked about during the campaign like the majority of americans agree to, once we do that, and i think we can get a deal. >> bill: and at the briefing yesterday, jay carney made the same point saying that there was no way -- he said it one more time. in fact, i tweeted out yesterday while i was at the
. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left. we always have to make -- there has to be a special mass when we deal with minorities because they ar
businesses want it. i think that's one thing i got from president obama's meeting with the business round table yesterday. and so they might be saying if you're going to raise taxes, let's just go all the way. republicans are only going to agree to tax increases if they offer spending cuts and i mean i don't know how you define the grand bargain but, you know, in my view, because they haven't done a tax increase, a real, sizable tax increase in so long, since the early 1990 under president clinton, almost any significant tax increase i would say is a pretty big deal a pretty grand achievement. host: next call, george, maryland, on the democrats' line. caller: i want to ask mr. gold mar b, i notice in the -- mr. goldfarb, i notice in the president's discussion, he included extenders. what are those? guest: forget what i was saying about the 15-year depreciation -- 15-year and 39 year, instant depreciation allows businesses to take de-- bonus depreciation allows businesses to take depreciation immediatery, it can be 50% in a given year, it can be pushed up to 100%. i'm not sure whether it's
the events with small business leaders in their districts and highlight what republicans say will be the economic damage small-business from raising income-tax rates on families earning $250,000 a year. president obama is leaving washington too though he is only heading across the potomac river, going to suburban virginia to speak to a middle-class family and he will press congress to protect those making less than $250,000 a year from tax increases by raising rates on those making more. in washington it is the same fight. >> president obama, democrats in congress have ever been ambiguous, provide economic security for 90% of american families and 97% of small businesses asking the wealthiest 2% to contribute just a little more to stop this runaway debt. >> what the president is really interested in as we learned just yesterday he is getting as much taxpayer money as he can first by raising taxes on small business that he believes are making too much money and then on everybody else. >> there is movement on these talks and president obama and john boehner spoke on the phone d
's a very big obama supporter and spoke at the democrat's convention and listen to this. business needs a president who covers the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the long view and makes the tough decisions. >> yeah. >> and that's why i'm here tonight supporting president obama. stuart: now, isn't that hipocracy? you support a tax the rich president, you're rich, but you don't pay the tax the rich penalties. interesting. and now look at this. joe biden shopping at costco last week. did some holiday shopping, and posts pictures with jim senegal and warren buffett's right hnd man and bill gates' dad on the board, too, and receive early dividends and ay less tabs. several reports say the demand for microsoft's surface tablet is so weak that they cut the orders from the asian manufacturer in half. i own microsoft stock. lauren, where is it now? >> 1% and stuart, i feel bad for you, microsoft was the second worst performer in the dow jones for the month of november and needs all of the gains today. and you know
debt limit talks early next year. yesterday at a business round table of ceos president obama took a hard line warning his opponents not to consider this strategy. >> if congress in any way suggests they're going to tie negotiations to debt ceiling votes and take us to the brink of default once again, as part of a budget negotiation, which by the way we have never done in our history until we did it last ye year, i will not play that game. >> i wonder. the president is saying, steve, that, you know what? we can raise rates now and maybe lower them later, next year, so republicans are now saying we'll raise rates now. maybe we'll lower them later and talk about it during debt ceiling. now he is saying no we're not going to talk about it then either. when would we have this debate, when we are renaming post offices in july? i mean -- >> clarify something for people that are watching. republicans are talking about raising taxes on the rich. john boehner said that yesterday. we're just not talking about raising the top marginal rate. right? >> right. >> both sides are now talking about
is trying to avoid plunging of the fiscal cliff. he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign manager for the obama-biden ticket suggested that mitt romney might have committed a felony on his tax returns. sunday night, she e-mailed them to reach a fiscal deal. republicans have balked at raising those tax rates. they are identified by marcus at countries job creators. >> for the first time in two decades, they are there will tell revenues go up as part is the plan. but they have to tell us what they're willing to
in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what are we doing? now we have the report saying 30% of everything we do not be necessary in health care. 30% of medications we subscribe, the test and procedures we order. this is something for the first time been called out as a problem. >> this function in the health- care industry. what hospitals will not tell you. urday night at 10:00 p.m. on c-span2. >> "washington journal" continues. host: we have been focusing on different aspects of the fiscal cliff. we want to look at capital gains tax and the estate tax. what is the estate tax? guest: it goes back to history -- it was put in place to prevent the united states from developin
obama have already taken us over the cliff. if you meet with businesses like i do all the time, they've already paired back plans for next year anticipating what's going to happen. we can fix this christmas eve if we want, but we've already hurt the economy and job growth. >> are you with boehner? >> i'm not with boehner. this government doesn't need anymore money. this country needs less government. we're going to have historic levels of revenue to the government this year. >> everyone's taxes are going up at the end of the year if there's no deal. >> we have already offered to extend current tax rates. that's what we should have done six months ago until we could come to some agreement, some compromise on tax reform. >> when you say compromise, where are you ready to compromise as far as taxes are concerned? >> how we go about tax reform, there's a lot of room to work together to lower the rates. >> give me an example? >> i'm not sure where the democrats are because they have not offered a plan. >> their plan is to keep the bush tax rates from 2001, 2003 forever. make them pe
a letter urging speaker boehner to take the last hexit before the cliff. neither president obama nor democrats in congress have ever been ambiguous about our proposal to provide economic security for 98% of american families and 97% of small businesses while asking the wealthiest 2% to contribute just a little more to stop this runaway debt. and now that even a dyed in the wool conservative like senator coburn of oklahoma has endorsed the democratic approach, here's what he said, "i know we have to raise revenue. i would rather see the rates go up," he said. he's been heavily involved in everything that's happened in the last several years in washington dealing with debt. when he joins in, that's really significant. it is apparent how this will end. the only question is, when will it end? it's how long will speaker boehner make middle-class families wait for relief and how long will he force the financial markets to wait for u un-- wait for certainty? the longer he delays, the greater i think ris the risk to. so i urge him, don't listen to me, listen to your own caucus. listen to pru
speech about the subject he cared most about when he was senator obama. lots to get to tonight. that's coming up next. stay with us. with the spark cash card from capital one, olaf gets great rewards for his small business! pizza! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve great rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? wears off. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. the end of trial and error has arrived. try a free sample at eucerinus.com. secondhand smoke affects r everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. i have obligations. cute tobligations, but obligations
president obama is exactly correct. now i would also say this upper income people, their business will be better if that sacrifices first at the upper level and not by taking away social security and medicare benefits that reduce demand in a society for other goods and services. there is an economic argument that i think is beginning to see more, which is essentially what the caller did, that a healthy middle class with consumer demand from a healthy middle-class is what is needed for a healthy economy and therefore benefits all. >> host: kathleen pender writes in the chronicle that there is a silver lining when it comes to the amt. what is less known is the amt has a silver lining. assuming congress passes a patch, people in amt and stay in amt will be protected from an increase in regular income tax rates that the bush era tax cuts expire. that's because they will be paying a top amt rate of 20% come at you at the top regular rate is at 30.6%. this will be true for everyone in amt. people who fall out of the amt could see their taxes go up. >> guest: i would agree, however, i gu
of town for a long weekend break. fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to underscore how they say tax rate increases will hit those business, jon. jon: are they still hung up on taxes? is that the big sticking point? >> yes. taxes are the key to this debate. republicans say they wil
businesses would pay the higher number. most small businesses are people selling items out of their basement on e-bay. those that create jobs, they are in the 2% of small businesses. they would pay higher rates that president obama is proposing. it would be a direct hit on job creation. and over and talk about raising tax rates at the top, it is not because we are worried about whether the rich can buy an extra vote. we are worried about their ability to invest in the economy. host: let's hear from mary in topeka, kansas. caller: i had a couple of comments. and then maybe let them answer. one, a republican, but i guess i'm not a very loyal one because at this point, between the republicans and the democrats, i am totally fed up with what comes across on the national news. both sides seem to be spending the truth in july's for their own political gain. -- into lies for their own political gain. we need a solution that is not 25 years away. but i do not know how it is going to be done when the president -- and as far as i can see, he has not even sat down for a talk that lasts more than an hou
business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >> there are a lot of options on the table, including that one. >> you are acknowledging that there will. >> the day after the election, i came here and i made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> right, so my question is what message do you have for people who are in the negotiating position or believe that it is inevitable that you have to accept some compromise on taxes? >> revenue is on the table. but revenue was only on the tab
, we will see new export opportunities go to foreign businesses and foreign workers. so while i'm pleased that we're considering pntr today, i hope that president obama in his second term will recognize the potential for increased trade opportunities through a more aggressive trade agenda. i look forward to the president signing this legislation into law, and i urge all of my colleagues to vote for the legislation before us when that vote comes up tomorrow at noon. mr. president, i yield the floor. the presiding officer: the senator from illinois. mr. durbin: mr. president, the bill before us, the permanent normal trade relations with russia, is an important piece of legislation to expand trading opportunities. i was thinking as the senator from south dakota spoke of this debate on the floor and twha it was like -- what it was like around the chamber several decades ago when this issue was raised. there was a strong feeling the jackson-vanik provisions would have prohibited trade between the united states and so-called communist countries of their day. there were voices from the
not saying that we sit on our hands. that is the style of activity. the reinforcement that we mean business, that is where you want to do but. >> this is a little bit inside. the obama administration has said it wants to prevent iran from getting a nuclear weapon. but what does that mean? does that mean we have evidence that there bolting the last polls together for a deliverable nuclear weapon -- bolts together for a deliverable nuclear weapon? does that mean they have too much 20% material and could break out more quickly? there is a real need of for try to define that. in our report, we tried to do that, not in a red line way, but in a way that the u.s. has to be prepared to be able to make an assessment based on a set of criteria that if iran meets that set of criteria or there is a judgment, the u.s. would respond militarily. i think right now, at least what i hear, it is not well defined in. you have israel taking a very different point of view, where they have said that they may strike militarily when iran reaches a certain level of nuclear weapons capability. that would be short of
to describe the people who want to continue with business as usual in washington. end quote. the senate by the way passed the bill months ago. now actually it goes on to president obama for his signature. >>> prince william's wife is out of the hospital three days after being admitted with severe case of morning sickness. katherine, the duchess of cambrid cambridge, leaving this morning with a small bouquet of yellow roses and royal officials say she is not yet 12 weeks pregnant. no word yet as far as any kind of due date for the baby. >>> possibility here of chemical weapons in syria. the defense secretary issues a warning to syria's president. we are on the story next. yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. open enrollment to choose your m
to breaking point with these additional obligations. i do not think that president obama and the people who are advising him really have their finger on the polls of what it will mean for small business owners. that's what concerns me. people like us have been able to cope and still have been able to save and to send our children to college. that is close to going away and this is one of my great concerns. guest: one of the untold parts of the story and sometimes we overlook what is happening in the states. locale raising state and taxes to solve their deficit problems. something to keep in mind when we talk about these detention caps. you could be pushed up against a deduction if you live in new york. if you live in new york and have high state and local taxes, if congress moves forward with a deduction cap, you could go right up to that cap. host: 24% of those were claiming the earned income tax credits. 13% climb in the child tax credit. these credits, you can use them simultaneously. guest: some of these are refundable which means you get money back even if your tax bill is zero. whatev
their own small businesses and their own small farms or ranches. the very least, we should extend the current limits worked out in the 2010 compromise. president obama should not be holding up that commonsense solution just so that he can satisfy his left-base agenda for unrealistically insisting on raising tax rates. the other tax increase that is set to hit american families very hard very soon is the alternative minimum tax. you recall, mr. president, that that a.m.t. tax was created in 1969, and they did that when someone discovered that there were 155 people all across the country, only 155 people who actually had made a lot of money but they didn't pay any taxes on it. and we know why. it was because of various tax loopholes. congress could have done something to close those loopholes, but instead congress created a whole separate tax scheme. then to make matters worse, didn't index the income limits for inflation. so congress comes along every year and acts a patch to keep the tax from hitting the middle class. the problem is it still has done nothing to patch the a.m.t. fo
thank you for coming over. i know you have a busy, hectic day. we're going to put your statement in the record but we're very pleased you king. this hearing stands adjourned. [inaudible conversations] president obama travels to pennsylvania today to push for an extension of the bush era middle-class taxes. mr. obama is trying to reach a deal with congress to avoid some of the automatic spending cuts and tax increases that take effect in january. live coverage from hatfield pennsylvania at noon eastern on c-span. >> program began under wraps who was one of the advisors to president franklin roosevelt. to document the conditions under which people were living. this was back when we didn't have television. we had radio, but a lot of places didn't have electricity so they couldn't listen to the radio broadcasts to find out what was going on in other parts of the country. striker, who is an economist from columbia university, he was the head of this project, and in 1939 when kodak introduce color film, they said film to roy stryker to have his photographers try out. see what they coul
Search Results 0 to 30 of about 31 (some duplicates have been removed)